{"id":51283,"date":"2023-07-12T12:55:17","date_gmt":"2023-07-12T17:55:17","guid":{"rendered":"https:\/\/simfoni.com\/?p=51283"},"modified":"2025-02-10T08:53:45","modified_gmt":"2025-02-10T13:53:45","slug":"simfoni-wins-supply-demand-chain-executives-top-supply-chain-project-award","status":"publish","type":"post","link":"https:\/\/simfoni.com\/news-and-events\/simfoni-wins-supply-demand-chain-executives-top-supply-chain-project-award\/","title":{"rendered":"Simfoni Wins Supply &#038; Demand Chain Executive\u2019s \u2018Top Supply Chain Project\u2019 Award"},"content":{"rendered":"<p><span data-contrast=\"auto\">Simfoni is pleased to announce it has been named by Supply &amp; Demand Chain Executive as one of the winners of this year&rsquo;s <strong>Top Supply Chain Projects award<\/strong> for their ongoing work with <\/span><span data-contrast=\"none\">a leading U.S. manufacturer of high-end kitchen appliances<\/span><span data-contrast=\"auto\">.&nbsp; The award profiles innovative case study-type projects designed to automate, optimize, streamline and improve the <a href=\"https:\/\/simfoni.com\/supply-chain-management\/\" target=\"_blank\" rel=\"noopener\">supply chain<\/a>.<\/span><span data-ccp-props='{\"134233117\":false,\"201341983\":0,\"335559738\":40,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/p>\n<p><span data-contrast=\"auto\">As<\/span> <span data-contrast=\"auto\">its <\/span><span data-contrast=\"none\"><a href=\"https:\/\/simfoni.com\/strategic-sourcing\/\" target=\"_blank\" rel=\"noopener\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">strategic sourcing<\/span><\/a> and <a href=\"https:\/\/simfoni.com\/procurement\/\" target=\"_blank\" rel=\"noopener\">procurement<\/a> partner, <a href=\"http:\/\/www.simfoni.com\">Simfoni<\/a> was able to overcome <\/span><span data-contrast=\"none\">their client&rsquo;s <\/span><span data-contrast=\"none\">supply chain challenges and achieved significant <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">cost savings<\/span> through new <a href=\"https:\/\/simfoni.com\/sourcing\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Sourcing\" target=\"_blank\" rel=\"noopener\">sourcing<\/a> capabilities. <\/span><span data-contrast=\"auto\">Tasked with providing an expedient, cost-effective, and sustainable solution to bolster <\/span><span data-contrast=\"none\">the client&rsquo;s<\/span><span data-contrast=\"auto\"> sourcing function, Simfoni brought innovative new solutions to the table. Initially, the program focused on managing direct spend categories strategically to drive <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">cost savings<\/span>. However, as the pandemic continued to disrupt the supply chain, the program was reconfigured to focus on indirect spend opportunities, which focused on putting reduced pricing contracts into place, the implementation of Simfoni&rsquo;s BuyDesk catalog service for daily <a href=\"https:\/\/simfoni.com\/procurement\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Procurement\" target=\"_blank\" rel=\"noopener\">procurement<\/a> and supplier needs, and bringing <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">added value<\/span> through supplier consolidation, price increase <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">mitigation<\/span>, and <a href=\"https:\/\/simfoni.com\/supplier-management\/what-is-supplier-management-why-and-how-it-is-implemented\/\" target=\"_blank\" rel=\"noopener\">supplier performance management<\/a>.<\/span><span data-ccp-props='{\"134233117\":false,\"134233118\":false,\"201341983\":0,\"335551550\":1,\"335551620\":1,\"335559685\":0,\"335559737\":0,\"335559738\":40,\"335559739\":0,\"335559740\":259}'>&nbsp;<\/span><\/p>\n<p><span data-contrast=\"auto\">Through deep <a href=\"https:\/\/simfoni.com\/spend-analysis-guide\/\" target=\"_blank\" rel=\"noopener\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">spend analysis<\/span><\/a> and the ability to quickly pivot strategy, Simfoni was able to achieve a greater savings return for <\/span><span data-contrast=\"none\">the client<\/span><span data-contrast=\"auto\">. By recognizing and redirecting the focus from direct to indirect spend, Simfoni drastically increased monthly net and cumulative savings by a whopping 887% year over year, with the program continuously improving.<\/span><span data-ccp-props='{\"134233117\":false,\"201341983\":0,\"335559738\":40,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/p>\n<p><span data-contrast=\"auto\"><strong><em>&ldquo;We&rsquo;re driving savings by bringing additional suppliers into the picture, something that end users don&rsquo;t typically have the capacity to do. Simfoni exists because it is a full-time job to do market research, vet the suppliers, schedule site visits, schedule demos, and manage supplier performance,&rdquo;<\/em><\/strong> said <a href=\"https:\/\/www.linkedin.com\/in\/daniel-aquilino-869b6a9\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #ff6600;\"><strong>Dan Aquilino<\/strong><\/span><\/a>, <strong><span style=\"color: #008080;\">Vice President of Global Delivery at Simfoni.<\/span><\/strong>&nbsp;&nbsp;<\/span><span data-ccp-props='{\"134233117\":false,\"201341983\":0,\"335559738\":40,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/p>\n<p><span data-contrast=\"auto\"><strong><em>&ldquo;The past 12 months has seen companies within the supply chain and <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">logistics<\/span> space upgrade, enhance, adopt and adapt in order to achieve greater efficiency along the chain,&rdquo;<\/em><\/strong> says <span style=\"color: #ff6600;\"><strong>Marina Mayer<\/strong><\/span>, <span style=\"color: #008080;\"><strong>Editor-in-Chief of Supply &amp; Demand Chain Executive and Food <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Logistics<\/span><\/strong>.<\/span> <strong><em>&ldquo;Companies partnered to implement each other&rsquo;s software and technology and work smarter, together. And it&rsquo;s these partnerships that have enabled many supply chain organizations to better manage inventory, reduce costs, retain employees, track data and analytics and build resilience for whatever disruptions may lie ahead,&rdquo;<\/em><\/strong> Mayer adds.<\/span><span data-ccp-props='{\"134233117\":false,\"201341983\":0,\"335559738\":40,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/p>\n<p><span data-contrast=\"auto\">Read more about Simfoni&rsquo;s award-winning project <a href=\"https:\/\/20473586.fs1.hubspotusercontent-na1.net\/hubfs\/20473586\/CASE%20STUDIES\/eSOURCING\/CLIENT%20REDACTED%20case%20study%20v3_SDCE%20winner.pdf\">here<\/a>.&nbsp;<\/span><span data-ccp-props='{\"134233117\":false,\"201341983\":0,\"335559738\":40,\"335559739\":160,\"335559740\":259}'>&nbsp;<\/span><\/p>\n<p><span data-contrast=\"auto\">Go to <a href=\"https:\/\/sdce.me\/av7r0h\" target=\"_blank\" rel=\"noopener\">SCDexec<\/a> to view the full list of Top Supply Chain Projects winners.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Simfoni is pleased to announce it has been named by Supply &amp; Demand Chain Executive as one of the winners of this year&rsquo;s Top Supply Chain Projects award for their ongoing work with a leading U.S. manufacturer of high-end kitchen&hellip;<\/p>\n","protected":false},"author":23,"featured_media":51287,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"footnotes":""},"categories":[2529,2787],"tags":[2760,475,2820,468,2819],"class_list":["post-51283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-events","category-supply-chain","tag-esourcing","tag-procurement-software","tag-procurement-strategy","tag-spend-analytics","tag-strategic-sourcing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Simfoni Wins Supply &amp; Demand Chain Executive\u2019s \u2018Top Supply Chain Project\u2019 Award<\/title>\n<meta name=\"description\" content=\"Simfoni is pleased to announce it has been named by Supply &amp; Demand Chain Executive as one of the winners of this year\u2019s Top Supply Chain Projects award for their ongoing work with a leading U.S. manufacturer of high-end kitchen appliances. 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